Toronto-based Golden Range Resources has five diamond drills operating on five properties held under an agreement with Mingold Resources, Golden Range said recently. Under a back door acquisition agre…
It would be hard to put numbers on it, but bush pilots and the air services a lot of them have launched across Canada have played a tremendously vital role in the finding and development of this count…
Quintette Coal is located near Tumbler Ridge in northeastern British Columbia. It has long-term contracts for the supply of five million tonnes per year (plus or minus 5%) of high-quality metallurgica…
Dilution troubles have slowed operations at the producing D’Or Val Mines gold mine in northwestern Quebec but according to a company spokesman, the problem seems to have been remedied. Daniel Gosselin…
Pamour Porcupine Mines steps into the really big tonnage class this month by increasing the mill rate to 1,500 tons from the current 800 tons daily. At this rating, the Noranda subsidiary will come in…
A decision to go ahead with production at Energex Resources’ Al property in the Toodoggone area of north- central British Columbia will depend on results of a feasibility study to be completed mid-Feb…
When I sold 400 shares of Cornucopia Resources recently, I was informed by my broker that this company is now Valley View Gold. While the shares of Cornucopia are listed in Vancouver and Valley View…
Increased gold production both from the David Bell mine and the still-disputed Williams mine at Hemlo helped put International Corona Resources well into the black for the year ended Sept 30, 1987. Th…
Profit of Denison Mines, before extraordinary, unusual and other nonrecurring items, climbed 45% in 1987 over the previous year, and the company credits its expanding oil and gas division for the shar…
A memorandum of agreement has been signed by two Toronto- based companies, Lencourt Ltd. and Glencairn Explorations, whereby Lencourt may earn a 51% interest in the latter’s Goodfish gold property at …
An extraordinary gain resulting from the sale of Mascot Gold Mines to Lacana Mining, enabled Royex Gold Mining to realize net income of $47 million for the year ended Sept 30, 1987. This compares to a…
Emerald Lake Resources and Highland-Crow Resources have amalgamated into Noramco Mining Corp. each on a share-for-share basis.
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